7 myths about Detroit automakers

pauldun170 · 12-08-2008, 02:24 PM

Quote:

Originally Posted by fatbuckRTO

If even most of that were true something tells me they wouldn't be asking Congress for billions of dollars.

At the very least it looks like Ford is in an ok position. Setting up a line of credit is ok with me for Ford. Looks like they are taking some good steps....they just need hold it all together while they shake uglies out of their lineup.

Chrysler - not so much.

GM - Difficult to say but I think they should have federal support a little capital to offset immediate restructuring cost.

The issue is that for the big three to get there crap together, plants have to close and the workforce needs to shrink. The BS coming from congress ("why haven't you made magical hybrids that will sell by the billions and save the world") annoys the fuck out of me.

They know what needs to be done but the political backlash of loaning money just to result in job losses clouds the process.

Dodd needs to be sent on his way and replaced by someone with knowledge of the business and the market they operate in. Tired of hearing him

CrazyKell · 12-08-2008, 02:50 PM

Why don't we see any other makers (Honda, Nissan, Toyota, etc.) asking for bailouts?

speedylocksmith · 12-08-2008, 02:52 PM

Quote:

Originally Posted by CrazyKell

Why don't we see any other makers (Honda, Nissan, Toyota, etc.) asking for bailouts?

It will happen. Mercedes plants are giving employees extra time off during the holidays because of the slowdown in sales to try and save a few $$

unknownroad · 12-08-2008, 04:09 PM

Quote:

Originally Posted by CrazyKell

Why don't we see any other makers (Honda, Nissan, Toyota, etc.) asking for bailouts?

They're not saddled by the kind of retiree benefits load that has been dragging down the Detroit automakers, and they haven't suffered as much mis-management.

BobTheBiker · 12-08-2008, 04:22 PM

The simple of it is, the asians have an efficient, and actually successful management plan in effect that keeps employees making fair wages but happy at the same time, unlike the US companies that are paying retarded amounts for menial tasks.

And the american made cars really arent as good as the japanese ones honestly. I'll keep my jap built Honda for as long as I live, or until it burns to the ground.

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12-08-2008, 02:50 PM	#2
CrazyKell Vrooom Join Date: Nov 2008 Moto: 06 ZX6R Posts: 4,427	Why don't we see any other makers (Honda, Nissan, Toyota, etc.) asking for bailouts?

12-08-2008, 04:22 PM	#5
BobTheBiker too much time on my hands Join Date: Jul 2008 Location: the northern district of god damn Moto: 01 ZX6R, looking for more now. Posts: 1,802	The simple of it is, the asians have an efficient, and actually successful management plan in effect that keeps employees making fair wages but happy at the same time, unlike the US companies that are paying retarded amounts for menial tasks. And the american made cars really arent as good as the japanese ones honestly. I'll keep my jap built Honda for as long as I live, or until it burns to the ground.